Placentia (84) Homes with Apartment Subtype

Placentia (84) Homes with Apartment Subtype

Welcome to Placentia, California – a charming gem nestled in the heart of Orange County. Known for its rich history and vibrant community, Placentia offers a unique blend of suburban tranquility and urban convenience. With its warm climate, lush parks, and friendly neighborhoods, it’s no wonder that families and individuals alike are drawn to this delightful city.

Placentia boasts a diverse range of homes, and among the most appealing options are those with apartment subtypes. These residences are perfect for those looking to maximize their living space while enjoying the benefits of a multi-family setup. Whether you’re a savvy investor seeking rental income or a homeowner wanting to accommodate extended family, these homes provide the perfect solution.

Imagine living in a beautifully designed property that features separate living spaces, allowing for privacy and independence while still fostering a sense of community. Many of these homes are situated in family-friendly neighborhoods, close to top-rated schools, parks, and local amenities. The proximity to major freeways and public transportation makes commuting a breeze, connecting you to the vibrant lifestyle of nearby cities like Anaheim and Fullerton.

In Placentia, you’ll find a welcoming atmosphere with plenty of opportunities for recreation and relaxation. Explore the scenic trails at the nearby Tri-City Park, enjoy local dining options, or attend community events that bring residents together. With its perfect blend of residential charm and accessibility, Placentia is an ideal place to call home. Discover the potential of homes with apartment subtypes and make your move to this thriving Orange County community today!

Newest Placentia (84) Homes with Apartment Subtype

140 W Orangethorpe Avenue, Placentia
$29,500,000
OC26219542 MLS ⋅ Active Status
Rare 80 unit, single story multifamily community on 5.17 contiguous acres in Placentia. The property is 96.25% occupied and offers a 5.80% current underwritten cap rate. Unit mix consists of 79 two bedroom, one bath residences and one one bedroom, one bath plus office. Every unit includes a private enclosed patio, with two parking spaces per residence, including one covered space. Community amenities include a swimming pool, playground, on site laundry, and guest parking. Approximately $834,426 has been invested in capital improvements and major repairs since 2023, including replacement of all property electrical panels, interior renovations, plumbing work, appliance and HVAC replacements, and site improvements. The offering provides a straightforward mark to market opportunity through natural turnover, potential conversion of existing rooms and structures into approximately 2 to 4 ADUs, and long term redevelopment optionality under R 3 zoning. Immediate access to SR 57 and SR 91, near Cal State Fullerton, schools, employment centers, shopping, and the Platinum Triangle. Buyer to independently verify all property, financial, ADU, zoning, and redevelopment information.

140 W Orangethorpe Avenue, Placentia
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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